| Delaware (State or other jurisdiction of incorporation or organization) |   | 30-0399914(I.R.S. Employer Identification No.) |
|------------------------------------------------------------------------------|--------|------------------------------------------------|

| Large accelerated filer o | Accelerated filer o              |
|---------------------------|----------------------------------|
| Non-accelerated filer o   | Smaller reporting company x |

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|                          |    | Page                                                                                                         |
|-------------------------------|--------------|--------------------------------------------------------------------------------------------------------------|
| PART I. FINANCIAL INFORMATION |         |                                                                                                         |
|                          |         |                                                                                                         |
| Item 1.                       |         | Condensed Financial Statements                                                                               |   | 3 |
|                          |         |                                                                                                         |   |   |
|                          |         | Consolidated Balance Sheets as of March 31, 2011 (Unaudited) and September 30, 2010                          |   | 3 |
|                          |         |                                                                                                         |   |   |
|                          |         | Consolidated Statements of Operations for the Six Months Ended March 31, 2010 and March 31, 2011 (Unaudited) |   | 4 |
|                          |         |                                                                                                         |   |   |
|                          |         | Consolidated Statements of Cash the Six Months Ended March 31, 2010 and March 31, 2011 (Unaudited)           |   | 5 |
|                          |         |                                                                                                         |   |   |
|                          |         | Notes to Unaudited Condensed Consolidated Financial Statements                                               |   | 6 |
|                          |         |                                                                                                         |   |   |
| Item 2.                       |         | Management’s Discussion and Analysis of Financial Condition and Results of Operations                  |   | 20 |
|                          |         |                                                                                                         |   |   |
| Item 3.                       |         | Quantitative and Qualitative Disclosures about Market Risk                                                   |   | 31 |
|                          |         |                                                                                                         |   |   |
| Item 4.                       |         | Controls and Procedures                                                                                      |   | 31 |
|                          |         |                                                                                                         |   |   |
| PART II.                      |         | OTHER INFORMATION                                                                                            |   |   |
|                          |         |                                                                                                         |   |   |
| Item 1.                       |         | Legal Proceedings                                                                                            |   | 33 |
|                          |         |                                                                                                         |   |   |
| Item 2.                       |         | Unregistered Sales of Equity Securities and Use of Proceeds                                                  |   | 33 |
|                          |         |                                                                                                         |   |   |
| Item 3.                       |         | Defaults Upon Senior Securities                                                                              |   | 33 |
|                          |         |                                                                                                         |   |   |
| Item 5.                       |         | Other Information                                                                                            |   | 33 |
|                          |         |                                                                                                         |   |   |
| Item 6.                       |         | Exhibits                                                                                                     |   | 33 |
|                          |         |                                                                                                         |   |   |
| SIGNATURES                    |         | 34                                                                                                           |

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|                                                                                                                            |   | (UNAUDITED) March 31, 2011 |      |   | September 30, 2010 |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|-----------|--------|--------------------|--------|
| Assets                                                                                                                          |   |                       |      |   |               |   |
| Current Assets                                                                                                                  |   |                       |      |   |               |   |
| Cash & Equivalents                                                                                                          |   | $                          | 36,876    |   |               | $      | 41,139 |   |
| Accounts Receivable, Net                                                                                                        |   |                       | 3,705,293 |   |               |   | 731,968 |   |
| Inventory                                                                                                                       |   |                       | 539,198   |   |               |   | 387,628 |   |
| Prepaid Expenses & Other Assets                                                                                             |   |                       | 297,473   |   |               |   | 4,022 |   |
| Total Current Assets                                                                                                            |   |                       | 4,578,840 |   |               |   | 1,164,757 |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
| Property & Equipment, Net                                                                                                   |   |                       | 50,802    |   |               |   | 62,273 |   |
| Other                                                                                                                           |   |                       | 4,225     |   |               |   | 4,225 |   |
| Total Assets                                                                                                                    |   | $                          | 4,633,867 |   |               | $      | 1,231,255 |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
| Liabilities & Stockholders' Equity (Deficit)                                                                                |   |                       |      |   |               |   |   |   |
| Current Liabilities                                                                                                             |   |                       |      |   |               |   |   |   |
| Accounts Payable                                                                                                                |   | $                          | 3,986,913 |   |               | $      | 911,840 |   |
| Accrued Expenses                                                                                                                |   |                       | 103,553   |   |               |   | 191,382 |   |
| Note payable - Bank                                                                                                             |   |                       | 250,000   |   |               |   | 250,000 |   |
| Total Current Liabilities                                                                                                       |   |                       | 4,340,466 |   |               |   | 1,353,222 |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
| Non-Current Liabilities                                                                                                         |   |                       |      |   |               |   |   |   |
| Notes Payable-Shareholder                                                                                                       |   |                       | 824,696   |   |               |   | 738,491 |   |
| Convertible Debenture                                                                                                           |   |                       | —   |   |               |   | 55,938 |   |
| Total Non-Current Liabilities                                                                                                   |   |                       | 824,696   |   |               |   | 794,429 |   |
| Total Liabilities                                                                                                               |   | $                          | 5,165,162 |   |               | $      | 2,147,651 |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
| Commitments & Contingencies                                                                                                 |   |                       | —   |   |               |   | — |   |
|                                                                                                                            |   |                       |      |   |               |   |   |   |
| Stockholders' Equity (Deficit)                                                                                                  |   |                       |      |   |               |   |   |   |
| Preferred Stock Series A, $0.001 par value, 10,000,000 shares authorized, 1,000,000 shares issued and outstanding, respectively |   | $                          | 1,000     |   |               | $      | 1,000 |   |
| Common Stock, $0.001 par value, 60,000,000 shares authorized, 39,822,862 shares issued and outstanding                          |   |                       | 39,823    |   |               |   | 39,823 |   |
| Additional Paid-in Capital                                                                                                      |   |                       | 66,506    |   |               |   | 66,506 |   |
| Retained Earnings (Accumulated Deficit)                                                                                         |   |                       | (638,624  | )      |               |   | (1,023,725 | ) |
| Total Stockholders' Equity (Deficit)                                                                                            |   |                       | (531,295  | )      |               |   | (916,396 | ) |
| Total Liabilities & Stockholders' Equity (Deficit)                                                                          |   | $                          | 4,633,867 |   |               | $      | 1,231,255 |   |

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|                                      |   | For the Three Months Ended March 31, |       |   | For the Six Months Ended March 31, |   |
|-------------------------------------------|--------|--------------------------------------|------------|--------|------------------------------------|--------|
|                                      |   | 2011                                 |       |   | 2010                               |   |   | 2011 |   |   | 2010 |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |
| Revenues                                  |   | $                                    | 3,254,170  |   |                               | $      | 1,015,177 |   |   | $ | 5,075,803 |   |   | $ | 1,906,631 |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Cost of Goods Sold                        |   |                                 | 2,599,807  |   |                               |   | 474,228 |   |   |   | 3,858,147 |   |   |   | 893,727 |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Gross Profit                              |   |                                 | 654,363    |   |                               |   | 540,949 |   |   |   | 1,217,656 |   |   |   | 1,012,904 |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Operating Expenses                        |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Research and Development                  |   |                                 | —    |   |                               |   | (5,535 | ) |   |   | — |   |   |   | — |   |
| General and Administrative                |   |                                 | 397,718    |   |                               |   | 689,519 |   |   |   | 801,137 |   |   |   | 1,187,945 |   |
| Total Operating Expenses                  |   |                                 | 397,718    |   |                               |   | 683,984 |   |   |   | 801,137 |   |   |   | 1,187,945 |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Operating Income (Loss)                   |   |                                 | 256,645    |   |                               |   | (143,035 | ) |   |   | 416,519 |   |   |   | (175,041 | ) |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Other Income (Expense)                    |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Other Income                              |   |                                 | —    |   |                               |   | — |   |   |   | — |   |   |   | — |   |
| Interest Expense                          |   |                                 | (15,760    | )      |                               |   | (10,820 | ) |   |   | (31,418 | ) |   |   | (15,175 | ) |
| Total Other  Income (Expense)   |   |                                 | (15,760    | )      |                               |   | (10,820 | ) |   |   | (31,418 | ) |   |   | (15,175 | ) |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Net Income (Loss) Before Income Taxes     |   |                                 | 240,885    |   |                               |   | (153,855 | ) |   |   | 385,101 |   |   |   | (190,216 | ) |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Income Taxes                |   |                                 | —    |   |                               |   | (3,445 | ) |   |   | — |   |   |   | — |   |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Net Income (Loss)                         |   | $                                    | 240,885    |   |                               | $      | (157,300 | ) |   | $ | 385,101 |   |   | $ | (190,216 | ) |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Income (Loss) Per Share-Basic             |   | $                                    | 0.01       |   |                               | $      | (0.00 | ) |   | $ | 0.01 |   |   | $ | (0.00 | ) |
| Income (Loss) Per Share-Diluted           |   | $                                    | 0.01       |   |                               | $      | (0.00 | ) |   | $ | 0.01 |   |   | $ | (0.00 | ) |
|                                      |   |                                 |       |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Weighted Average Number of Shares-Basic   |   |                                 | 39,822,862 |   |                               |   | 39,822,862 |   |   |   | 39,822,862 |   |   |   | 39,872,862 |   |
| Weighted Average Number of Shares-Diluted |   |                                 | 39,822,862 |   |                               |   | 39,822,862 |   |   |   | 39,822,862 |   |   |   | 39,872,862 |   |

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|                                                                        |   | For the Six Months Ended March 31, |       |
|-----------------------------------------------------------------------------|--------|------------------------------------|------------|
|                                                                        |   | 2011                               |       |   | 2010 |   |
| Cash Flows from Operating Activities                                        |   |                               |       |   |   |   |
| Net Income (Loss)                                                           |   | $                                  | 385,101    |   |   | $ | (190,216 | ) |
|                                                                        |   |                               |       |   |   |   |   |   |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                               |       |   |   |   |   |   |
| Depreciation & Amortization                                             |   |                               | 11,471     |   |   |   | 11,784 |   |
| Amortization of Debt Discount                                               |   |                               | —    |   |   |   | 5,938 |   |
| Stock Issued for Services                                                   |   |                               | —    |   |   |   | 24,000 |   |
| Reserve for Doubtful Accounts                                               |   |                               | —    |   |   |   | 150,000 |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Changes in operating assets and liabilities:                                |   |                               |       |   |   |   |   |   |
| Accounts Receivable                                                         |   |                               | (2,973,325 | ) |   |   | (486,921 | ) |
| Inventory                                                                   |   |                               | (151,570   | ) |   |   | 51,604 |   |
| Prepaid Expenses & Other Assets                                         |   |                               | (293,451   | ) |   |   | 5,456 |   |
| Other Assets                                                                |   |                               | —    |   |   |   | — |   |
| Accounts Payable                                                            |   |                               | 3,075,073  |   |   |   | (46,207 | ) |
| Accrued Expenses                                                            |   |                               | (87,829    | ) |   |   | (35,613 | ) |
| Income Taxes Payable                                                        |   |                               | —    |   |   |   | — |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Net Cash Used in Operating Activities                                       |   |                               | (34,530    | ) |   |   | (510,175 | ) |
|                                                                        |   |                               |       |   |   |   |   |   |
| Cash Flows from Investing Activities                                        |   |                               |       |   |   |   |   |   |
| Cash Received on Sale of Equipment                                          |   |                               | —    |   |   |   | — |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Net Cash Used in Investing Activities                                       |   |                               | —    |   |   |   | — |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Cash Flows from Financing Activities                                        |   |                               |       |   |   |   |   |   |
| Net Notes from Related Party                                                |   |                               | 86,205     |   |   |   | (121,294 | ) |
| Proceeds from Line of Credit                                                |   |                               | —    |   |   |   | 250,000 |   |
| Proceeds from (repayment of) Convertible Notes                              |   |                               | (55,938    | ) |   |   | 50,000 |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Net Cash Provided by Financing Activities                                   |   |                               | 30,267     |   |   |   | 178,706 |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Net Increase (Decrease) in Cash                                             |   |                               | (4,263     | ) |   |   | (331,469 | ) |
|                                                                        |   |                               |       |   |   |   |   |   |
| Cash Beginning of Period                                                    |   |                               | 41,139     |   |   |   | 356,552 |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Cash End of Period                                                          |   | $                                  | 36,876     |   |   | $ | 25,083 |   |
|                                                                        |   |                               |       |   |   |   |   |   |
| Supplemental Disclosure of Cash Flow Information:                           |   |                               |       |   |   |   |   |   |
| Cash Paid during the period for interest                                    |   | $                                  | 5,579      |   |   | $ | 1,354 |   |
| Cash Paid during the period for income taxes                                |   |                               | —    |   |   |   | — |   |

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|   | · | In February 2010, FASB issued ASU 2010-9 Subsequent Events (Topic 855) Amendments to Certain Recognition and Disclosure Requirements ("ASU 2010-9"). ASU 2010-9 amends disclosure requirements within Subtopic 855-10. An entity that is an SEC filer is not required to disclose the date through which subsequent events have been evaluated. This change alleviates potential conflicts between Subtopic 855-10 and the SEC's requirements. ASU 2010-9 is effective for interim and annual periods ending after June 15, 2010. The Company does not expect the adoption of ASU 2010-09 to have a material impact on its consolidated results of operations or financial position. |
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|         | ·   | In January 2010, FASB issued ASU 2010-6 Improving Disclosures about Fair Measurements ("ASU 2010-6"). ASU 2010-6 provides amendments to subtopic 820-10 that require separate disclosure of significant transfers in and out of Level 1 and Level 2 fair value measurements and the presentation of separate information regarding purchases, sales, issuances and settlements for Level 3 fair value measurements. Additionally, ASU 2010-6 provides amendments to subtopic 820-10 that clarify existing disclosures about the level of disaggregation and inputs and valuation techniques. ASU 2010-6 is effective for financial statements issued for interim and annual periods ending after December 15, 2010. The Company does not expect the adoption of ASU 2010-06 to have a material impact on its consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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|    | ·             | In January 2010, FASB issued ASU 2010-2 Accounting and Reporting for Decreases in Ownership of a Subsidiary- a Scope Clarification ("ASU 2010-2"). ASU 2010-2 addresses implementation issues related to the changes in ownership provisions in the Consolidation—Overall Subtopic (Subtopic 810-10) of the FASB Accounting Standards Codification , originally issued as FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements. Subtopic 810-10 establishes the accounting and reporting guidance for noncontrolling interests and changes in ownership interests of a subsidiary. An entity is required to deconsolidate a subsidiary when the entity ceases to have a controlling financial interest in the subsidiary. Upon deconsolidation of a subsidiary, an entity recognizes a gain or loss on the transaction and measures any retained investment in the subsidiary at fair value. The gain or loss includes any gain or loss associated with the difference between the fair value of the retained investment in the subsidiary and its carrying amount at the date the subsidiary is deconsolidated. In contrast, an entity is required to account for a decrease in ownership interest of a subsidiary that does not result in a change of control of the subsidiary as an equity transaction. ASU 2010-2 is effective for the Company starting July 1, 2010. The Company does not expect the adoption of ASU 2010-2 to have a material impact on the Company's consolidated results of operations or financial position. |
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|         | ·             | In December 2009, FASB issued ASU 2009-17 Consolidations (Topic 810) Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities ("ASU 2009-17"). ASU 2009-17 amends the FASB ASC for the issuance of FASB Statement No. 167, Amendments to FASB Interpretation No. 46(R) . The amendments in ASU 2009-17 replace the quantitative-based risks and rewards calculation for determining which enterprise, if any, has a controlling financial interest in a variable interest entity with an approach focused on identifying which enterprise has the power to direct the activities of a variable interest entity that most significantly impact the entity's economic performance and (1) the obligation to absorb losses of the entity or (2) the right to receive benefits from the entity. ASU 2009-17 also requires additional disclosures about an enterprise's involvement in variable interest entities. ASU 2009-17 is effective as of the beginning of each reporting entity's first annual reporting period that begins after November 15, 2009. The Company does not expect the adoption of ASU 2009-17 to have a material impact on its consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                            |

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|   | · | In December 2009, FASB issued ASU 2009-16 Transfers and Servicing (Topic 860) Accounting for Transfers of Financial Assets ("ASU 2009-16"). ASU 2009-16 amends the FASB Accounting Standards Codification for the issuance of FASB Statement No. 166, Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140 . The amendments in ASU 2009-16 improve financial reporting by eliminating the exceptions for qualifying special-purpose entities from the consolidation guidance and the exception that permitted sale accounting for certain mortgage securitizations when a transferor has not surrendered control over the transferred financial assets. In addition, the amendments require enhanced disclosures about the risks that a transferor continues to be exposed to because of its continuing involvement in transferred financial assets. ASU 2009-16 is effective as of the beginning of each reporting entity's first annual reporting period that begins after November 15, 2009.  The Company does not expect the adoption of ASU 2009-16 to have a material impact on its consolidated results of operations or financial position.                                                                                        |
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|   | · | In August 2009, FASB issued ASU 2009-5 Fair Value Measurements and Disclosures (Topic 820) Measuring Liabilities at Fair Value ("ASU 2009-5"). ASU 2009-5 provides amendments to Subtopic 820-10, Fair Value Measurements and Disclosures-Overall , for the fair value measurement of liabilities. ASU 2009-5 clarifies that in circumstances in which a quoted price in an active market for the identical liability is not available, a reporting entity is required to measure fair value. ASU 2009-5 will be effective for the Company for interim and annual periods ending after September 30, 2009. The Company does not expect the adoption of ASU 2009-5 to have a material impact on the Company's consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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|   | · | In August 2009, FASB issued ASU 2009-4 Accounting for Redeemable Equity Instruments—an Amendment to Section 480-10-S99 ("ASU 2009-4"). ASU 2009-4 represents a Securities and Exchange Commission ("SEC") update to Section 480-10-S99, Distinguishing Liabilities from Equity . The Company does not expect the adoption of guidance within ASU 2009-4 to have an impact on the Company's consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
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|   | · | In June 2009, FASB issued SFAS No. 168, The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—A Replacement of FASB Statement No. 162 , (now codified within ASC 105, Generally Accepted Accounting Principles ("ASC 105")). ASC 105 establishes the Codification as the single source of authoritative GAAP recognized by the FASB to be applied by nongovernmental entities. All guidance contained in the Codification carries an equal level of authority. Following this statement, FASB will not issue new standards in the form of statements, FASB Staff Positions, or Emerging Issues Task Force Abstracts. Instead, it will issue Accounting Standards Updates, which will serve only to: (1) update the Codification; (2) provide background information about the guidance; and (3) provide the bases for conclusions on the change(s) in the Codification. ASC 105 will be effective for financial statements issued for interim and annual periods ending after September 15, 2009. The Codification supersedes all existing non-SEC accounting and reporting standards. The adoption of ASC 105 will not have an impact on the Company's consolidated results of operations or financial position. |

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|   | · | In May 2009, FASB issued SFAS No. 165, Subsequent Events , (now codified within ASC 855, Subsequent Events ("ASC 855")). ASC 855 establishes the general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. ASC 855 will be effective for the Company on April 1, 2009. The Company does not expect the adoption of ASC 855 will have a material impact on the Company's consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
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|   | · | In April 2009, FASB issued Staff Position ("FSP") No. 115-2 and FSP 124-2, Recognition and Presentation of Other-Than-Temporary Impairments (now codified within ASC 320, Investments—Debt and Equity Securities ("ASC 320")). ASC 320 provides greater clarity about the credit and noncredit component of an other-than-temporary impairment event and more effectively communicates when an other-than-temporary impairment event has occurred. ASC 320 amends the other-than-temporary impairment model for debt securities. The impairment model for equity securities was not affected. Under ASC 320, an other-than-temporary impairment must be recognized through earnings if an investor has the intent to sell the debt security or if it is more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost basis. This standard will be effective for interim periods ending after June 15, 2009. The adoption of ASC 320 will not have a material impact on the Company's consolidated results of operations or financial position.                                                                                                                                                                                                                                                                                                                                         |
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|   | · |  In April 2009, FASB issued FSP 157-4, Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly (now codified within ASC 820, Fair Value Measurements and Disclosures ). ASC 820 provides guidelines for making fair value measurements more consistent and provides additional authoritative guidance in determining whether a market is active or inactive and whether a transaction is distressed. ASC                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
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|   | · | FASB ASC Topic 855, “Subsequent Events”. In May 2009, the FASB issued FASB ASC Topic 855, which establishes general standards of accounting and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. In particular, this Statement sets forth : (i) the period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may occur for potential recognition or disclosure in the financial statements, (ii) the circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements, (iii) the disclosures that an entity should make about events or transactions that occurred after the balance sheet date. This FASB ASC Topic should be applied to the accounting and disclosure of subsequent events. This FASB ASC Topic does not apply to subsequent events or transactions that are within the scope of other applicable accounting standards that provide different guidance on the accounting treatment for subsequent events or transactions. This FASB ASC Topic was effective for interim and annual periods ending after June 15, 2009, which was June 30, 2009 for the Corporation. The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures. |

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|   | · | FASB ASC Topic 105, “The FASB Accounting Standard Codification and the Hierarchy of Generally Accepted Accounting Principles”. In June 2009, the FASB issued FASB ASC Topic 105, which became the source of authoritative GAAP recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. On the effective date of this FASB ASC Topic, the Codification will supersede all then-existing non-SEC accounting and reporting standards. All other non-SEC accounting literature not included in the Codification will become non-authoritative. This FASB ASC Topic identify the sources of accounting principles and the framework for selecting the principles used in preparing the financial statements of nongovernmental entities that are presented in conformity with GAAP. Also, arranged these sources of GAAP in a hierarchy for users to apply accordingly. In other words, the GAAP hierarchy will be modified to include only two levels of GAAP: authoritative and non-authoritative. This FASB ASC Topic is effective for financial statements issued for interim and annual periods ending after September 15, 2009. The adoption of this topic did not have a material impact on the Company’s disclosure of the financial statements |
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|   | · | FASB ASC Topic 320, “Recognition and Presentation of Other-Than-Temporary Impairments”. In April 2009, the FASB issued FASB ASC Topic 320 amends the other-than-temporary impairment guidance in GAAP for debt securities to make the guidance more operational and to improve the presentation and disclosure of other-than-temporary impairments on debt and equity securities in the financial statements. This FASB ASC Topic does not amend existing recognition and measurement guidance related to other-than-temporary impairments of equity securities. The FASB ASC Topic shall be effective for interim and annual reporting periods ending after June 15, 2009, with early adoption permitted for periods ending after March 15, 2009. Earlier adoption for periods ending before March 15, 2009, is not permitted. This FASB ASC Topic does not require disclosures for earlier periods presented for comparative purposes at initial adoption. In periods after initial adoption, this FASB ASC Topic requires comparative disclosures only for periods ending after initial adoption. The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures.                                                                                                                                                                                          |
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|   | · | FASB ASC Topic 860, “Accounting for Transfer of Financial Asset”., In June 2009, the FASB issued additional guidance under FASB ASC Topic 860, “Accounting for Transfer and Servicing of Financial Assets and Extinguishment of Liabilities", which improves the relevance, representational faithfulness, and comparability of the information that a reporting entity provides in its financial statements about a transfer of financial assets; the effects of a transfer on its financial position, financial performance, and cash flows; and a transferor’s continuing involvement, if any, in transferred financial assets. The Board undertook this project to address (i) practices that have developed since the issuance of FASB ASC Topic 860, that are not consistent with the original intent and key requirements of that statement and (ii) concerns of financial statement users that many of the financial assets (and related obligations) that have been derecognized should continue to be reported in the financial statements of transferors. This additional guidance requires that a transferor recognize and initially measure at fair value all assets obtained (including a transferor’s beneficial interest) and liabilities incurred as a result of a transfer of financial assets accounted for as a sale.                                                          |

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|                 |   | Enhanced disclosures are required to provide financial statement users with greater transparency about transfers of financial assets and a transferor’s continuing involvement with transferred financial assets. This additional guidance must be applied as of the beginning of each reporting entity’s first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period and for interim and annual reporting periods thereafter. Earlier application is prohibited. This additional guidance must be applied to transfers occurring on or after the effective date.  The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
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|       | · | FASB ASC Topic 810, “Variables Interest Entities”. In June 2009, the FASB issued FASB ASC Topic 810, which requires an enterprise to perform an analysis to determine whether the enterprise’s variable interest or interests give it a controlling financial interest in a variable interest entity. This analysis identifies the primary beneficiary of a variable interest entity as the enterprise that has both of the following characteristics: (i)The power to direct the activities of a variable interest entity that most significantly impact the entity’s economic performance and (ii)The obligation to absorb losses of the entity that could potentially be significant to the variable interest entity or the right to receive benefits from the entity that could potentially be significant to the variable interest entity. Additionally, an enterprise is required to assess whether it has an implicit financial responsibility to ensure that a variable interest entity operates as designed when determining whether it has the power to direct the activities of the variable interest entity that most significantly impact the entity’s economic performance. This FASB Topic requires ongoing reassessments of whether an enterprise is the primary beneficiary of a variable interest entity and eliminate the quantitative approach previously required for determining the primary beneficiary of a variable interest entity, which was based on determining which enterprise absorbs the majority of the entity’s expected losses, receives a majority of the entity’s expected residual returns, or both. This FASB ASC Topic shall be effective as of the beginning of each reporting entity’s first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period, and for interim and annual reporting periods thereafter. Earlier application is prohibited.  The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
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|                 | · | FASB ASC Topic 820, “Fair Value measurement and Disclosures”, an Accounting Standard Update. In September 2009, the FASB issued this Update to amendments to Subtopic 82010, “Fair Value Measurements and Disclosures”. Overall, for the fair value measurement of investments in certain entities that calculates net asset value per share (or its equivalent). The amendments in this Update permit, as a practical expedient, a reporting entity to measure the fair value of an investment that is within the scope of the amendments in this Update on the basis of the net asset value per share of the investment (or its equivalent) if the net asset value of the investment (or its equivalent) is calculated in a manner consistent with the measurement principles of Topic 946 as of the reporting entity’s measurement date, including measurement of all or substantially all of the underlying investments of the investee in accordance with Topic 820. The amendments in this Update also require disclosures by major category of investment about the attributes of investments within the scope of the amendments in this Update, such as the nature of any restrictions on the investor’s ability to redeem its investments at the measurement date, any unfunded commitments (for example, a contractual commitment by the investor to invest a specified amount of additional capital at a future date to fund investments that will be made by the investee), and the investment strategies of the investees. The major category of investment is required to be determined on the basis of the nature and risks of the investment in a manner consistent with the guidance for major security types in GAAP on investments in debt and equity securities in paragraph 320-10-50-lB. The disclosures are required for all investments within the scope of the amendments in this Update regardless of whether the fair value of the investment is measured using the practical expedient. The amendments in this Update apply to all reporting entities that hold an investment that is required or permitted to be measured or disclosed at fair value on a recurring or non recurring basis and, as of the reporting entity’s measurement date, if the investment meets certain criteria The amendments in this Update are effective for the interim and annual periods ending after December 15, 2009. Early application is permitted in financial statements for earlier interim and annual periods that have not been issued.  The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures. |

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|   | · | FASB ASC Topic 740, “Income Taxes”, an Accounting Standard Update. In September 2009, the FASB issued this Update to address the need for additional implementation guidance on accounting for uncertainty in income taxes. The guidance answers the following questions: (i) Is the income tax paid by the entity attributable to the entity or its owners? (ii) What constitutes a tax position for a pass-through entity or a tax-exempt not-for-profit entity? (iii) How should accounting for uncertainty in income taxes be applied when a group of related entities comprise both taxable and nontaxable entities? In addition, this Updated decided to eliminate the disclosures required by paragraph 740-10-50-15(a) through (b) for nonpublic entities. The implementation guidance will apply to financial statements of nongovernmental entities that are presented in conformity with GAAP. The disclosure amendments will apply only to nonpublic entities as defined in Section 740-10-20. For entities that are currently applying the standards for accounting for uncertainty in income taxes, the guidance and disclosure amendments are effective for financial statements issued for interim and annual periods ending after September 15, 2009.  The adoption of this Topic did not have a material impact on the Company’s financial statements and disclosures. |
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|                           |   | March  31, |     |   | September 30, |   |
|--------------------------------|--------|-----------------|----------|--------|--------------------|--------|
|                           |   | 2011            |     |   | 2010               |   |
| Furniture and Office Equipment |   | $               | 83,687   |   |               | $      | 83,687 |   |
| Computer Software              |   |            | 14,080   |   |               |   | 14,080 |   |
| Machinery and Equipment        |   |            | 68,942   |   |               |   | 68,942 |   |
|                           |   |            |     |   |               |   |   |   |
| Less: Accumulated Depreciation |   |            | (115,907 | )      |               |   | (104,436 | ) |
|                           |   |            |     |   |               |   |   |   |
| Net Property & Equipment   |   | $               | 50,802   |   |               | $      | 62,273 |   |
|                           |   |            |     |   |               |   |   |   |
| Depreciation Expense           |   | $               | 11,471   |   |               | $      | 23,255 |   |

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| Accounts Receivable           |   | $      | 530,506   |   |
|-------------------------------|--------|--------|-----------|--------|
| Inventory                     |   |   | 49,668    |   |
| Property & Equipment, Net |   |   | 67,018    |   |
| Other Assets                  |   |   | 4,225     |   |
| Accounts Payable              |   |   | (600,348  | )      |
| Additional Paid-in-Capital    |   |   | 2,698,931 |   |
| Total                         |   | $      | 2,750,000 |   |

|   | · | The Company leases space from Ducon Technologies, a related party, on a month to month basis. |
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| ·   | An SO2 pollutant concentration monitor. |
|--------------------|-----------------------------------------|

| ·   | A NOx pollutant concentration monitor. |
|--------------------|----------------------------------------|

| ·   | A volumetric flow monitor. |
|--------------------|----------------------------|

| ·   | An opacity monitor. |
|--------------------|---------------------|

| ·   | A diluent gas (O2 or CO2) monitor. |
|--------------------|------------------------------------|

| ·   | A computer-based data acquisition and handling system (DAHS) for recording and performing calculations with the data. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------|

| ·   | All existing coal-fired units serving a generator greater than 25 megawatts and all new coal units must use CEMs for SO2, NOx, flow, and opacity. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Units burning natural gas may determine SO2 mass emissions by: (1) measuring heat input with a gas flowmeter and using a default emission rate; or (2) sampling and analyzing gas daily for sulfur and using the volume of gas combusted; or (3) using CEMs. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Units burning oil may monitor SO2 mass emissions by one of the following methods: |
|--------------------|-----------------------------------------------------------------------------------|

| 1.   | daily manual oil sampling and analysis plus oil flow meter (to continuously monitor oil usage) |
|----------------|------------------------------------------------------------------------------------------------|

| 2.   | sampling and analysis of diesel fuel oil as-delivered plus oil flow meter |
|----------------|---------------------------------------------------------------------------|

| 3.   | automatic continuous oil sampling plus oil flow meter |
|----------------|-------------------------------------------------------|

| 4.   | SO2 and flow CEMs. |
|----------------|--------------------|

| ·   | Gas-fired and oil-fired base-loaded units must use NOx CEMs. |
|--------------------|--------------------------------------------------------------|

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| ·   | Gas-fired peaking units and oil-fired peaking units may either estimate NOx emissions by using site-specific emission correlations and periodic stack testing to verify continued representativeness of the correlations, or use NOx CEMS. The emission correlation method has been significantly streamlined in the revised rule. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | All gas-fired units using natural gas for at least 90 percent of their annual heat input and units burning diesel fuel oil are exempt from opacity monitoring. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                            |   | For the Six Months Ended March 31 |       |
|-------------------------------------------------|--------|-----------------------------------|------------|
|                                            |   | 2011                              |       |   | 2010 |   |
| Revenues                                        |   |                              | 5,075,803  |   |   | $ | 1,906,631 |   |
|  Operating Expenses                        |   |                              | 801,137    |   |   | $ | 1,187,945 |   |
|  Net Income (Loss)                         |   |                              | 385,101    |   |   | $ | (190,216 | ) |
|  Income (Loss) Per Share-Basic and Diluted |   |                              | 0.01       |   |   | $ | (0.00 | ) |
|  Weighted Average Number of Shares         |   |                              | 39,822,862 |   |   |   | 39,872,862 |   |

|                                       |   | As at March 31 |      |   | As at September 30 |   |
|--------------------------------------------|--------|----------------|-----------|--------|--------------------|--------|
|                                       |   | 2011           |      |   | 2010               |   |
| Current Assets                             |   |           | 4,578,840 |   |               | $      | 1,164,757 |   |
|                                       |   |           |      |   |               |   |   |   |
| Total Assets                               |   |           | 4,633,867 |   |               | $      | 1,231,255 |   |
|                                       |   |           |      |   |               |   |   |   |
| Total Liabilities                          |   |           | 5,165,162 |   |               | $      | 2,147,651 |   |
|                                       |   |           |      |   |               |   |   |   |
| Total Stockholders’ Equity (Deficit) |   |           | (531,295  | )      |               | $      | (916,396 | ) |

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|   | · | the shortage of reliable market data regarding the emission monitoring & air filtration market,                                         |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                        |
|   | · | changes in external competitive market factors or in our internal budgeting process which might impact trends in our results of operations, |
|   |   |                                                                                                                                        |
|   | · | anticipated working capital or other cash requirements,                                                                                     |
|   |   |                                                                                                                                        |
|   | · | changes in our business strategy or an inability to execute our strategy due to unanticipated changes in the market,                        |
|   |   |                                                                                                                                        |
|   | · | product obsolescence due to the development of new technologies, and                                                                        |
|   |   |                                                                                                                                        |
|   | · | Various competitive factors that may prevent us from competing successfully in the marketplace.                                             |

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| 31.1 (2) |   | Certification of Chief Executive Officer as required by Rule 13a-14 or 15d-14 of the Exchange Act, as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                   |
|----------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     |   |                                                                                                                                                                                                       |
| 31.2 (2) |   | Certification of Vice President of Finance and Principal Financial Officer as required by Rule 13a-14 or 15d-14 of the Exchange Act, as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|     |   |                                                                                                                                                                                                       |
| 32.1(2)  |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act 0f of 2002.                                                              |
|     |   |                                                                                                                                                                                                       |
| 32.2 (2) |   | Certification of Vice President of Finance and Principal Financial Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act 0f of 2002.                            |

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|                | CEMTREX, INC. |                                                                                                   |
|---------------------|---------------|--------------------------------------------------------------------------------------------------------|
|                | (Registrant)  |                                                                                                   |
|                |          |                                                                                                   |   |
| Dated: May 16, 2011 | By:           | /s/ Arun Govil                                                                                         |   |
|                |          | Arun Govil, Chairman of the Board, Chief Executive Officer and President (Principal Executive Officer) |   |

| Dated: May 16, 2011 | By:    | /s/ Renato Dela Rama                                                           |   |
|---------------------|--------|--------------------------------------------------------------------------------|--------|
|                |   | Renato Dela Rama, Vice President of Finance (Principal Financial Officer) |   |

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